President Zuma does have a Home Loan

The Presidency has noted weekend newspaper reports implying that President Jacob Zuma may have misled the National Assembly when he said he had a mortgage bond on his residence in Nkandla.

We reaffirm that President Zuma does indeed have a bond on the residence with one of the national banks and he is still paying it off monthly.

We urge the media to respect the agencies that are investigating the various aspects of the security enhancements at the residence as speculations and rumour-mongering will not assist the process.

Issued by: Mac Maharaj on 079 879 3203 or macmaharaj@mweb.co.za.

  The Presidency - Pretoria